Is India Gelatine overvalued or undervalued?

As of 31 October 2025, India Gelatine's valuation grade has moved from fair to attractive, indicating a positive shift in its market perception. The company is currently undervalued, with a PE ratio of 11.87, an EV to EBITDA of 8.41, and a Price to Book Value of 1.35. These figures suggest that the stock is trading at a discount compared to its intrinsic value.
In comparison to its peers, India Gelatine's valuation stands out favorably; for instance, Godrej Industries, which is also rated attractive, has a significantly higher PE ratio of 36.92. Meanwhile, Solar Industries is deemed very expensive with a PE ratio of 99.81, highlighting the relative value of India Gelatine in the specialty chemicals sector. Despite recent underperformance against the Sensex, particularly in the year-to-date returns, the long-term performance of 102.93% over three years reinforces the potential for recovery and growth.